Healthpeak Properties, Inc. (DOC) is a fully integrated real estate investment trust (REIT) based in Denver, Colorado. Valued at a market cap of $12 billion, the company owns, operates, and develops high-quality real estate focused on healthcare discovery and delivery.
This healthcare REIT has considerably underperformed the broader market over the past 52 weeks. Shares of DOC have declined 18.1% over this time frame, while the broader S&P 500 Index ($SPX) has gained 15.5%. However, on a YTD basis, the stock is up 5.2%, surpassing SPX’s 1.9% uptick.
